Emirates Vacation Club EVC Scam: How Dubai Firm Scammed Over 2000 Nigerian Investors

emirate vacation club scam

May 3rd, 2016 – EXPOSED: Dubai Company Emirates Vacation Club EVC Scammed Over 2000 Nigerians Through Dubious Investment

Dubai-based Emirates Vacation Club (EVC) has allegedly scammed about 2,000 Nigerians through dubious investment. The victims, it was learnt, invested several thousands of US dollars in 99 years time-sharing private residency accommodation at a 45-storey Emirates Grand Hotel (EGH) on Sheikh Zayed Road, Dubai.

According to reports of three meetings held in separate locations in Nigeria by the victims towards seeking redress on the matter, Nigerians and other nationals were lured into investing in EVC on arrival at Dubai Airport. As a product of their meetings, a Focal Persons Committee (FPC) has been set up with the mandate to pursue legal and diplomatic means to recover all funds invested by Nigerians in EVC/ EGH.

The FPC has also been mandated to write the Federal Government through the Ministry of Foreign Affairs, National Assembly, Economic and Financial Crimes Commission (EFCC), Inspector General of Police/ Interpol and United Arab Emirates Embassy in Nigeria.

Nigerian investors held three separate meetings, under the auspices of FPC in Enugu on March 28, Abuja on April 2 and in Lagos on April 3 to strategise on how to recoup their investments from EVC/EGH. Some others, who lodged in hotels operated by the Emirates Group such as Emirates Towers had their personal details accessed by EVC, through which the staff of EVC subsequently made telephone calls to the lodgers’ rooms and invited them for discussions at the office of EVC located in the EGH, Dubai, the reports said.

The affected Nigerians alleged that when EVC found out that many Nigerians had invested so much, it moved into Nigeria and incorporated Global EVC with certificate number RC 1005770 issued on January 24, 2012. Meanwhile, the National Coordinator of the group and FPC Chairman, Mr. Donald Nwandu, said the EVC opened an office on 9, Bourdillon Road, Ikoji, Lagos, after discovering that many Nigerians were interested in the investment. In addition, EVC also operated openly at the remodelled domestic wing of the Murtala Muhammed International Airport, Ikeja and malls in Lekki area, he said.

He said: “Nigerians, who invested with EVC Global in Nigeria, paid money into bank accounts opened with Zenith and GTB. It was discovered that about 10,000 people have, so far, paid money for just 32 apartments that EVC and EVC Global leased from Emirates Grand Hotel.”

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7 thoughts on “Emirates Vacation Club EVC Scam: How Dubai Firm Scammed Over 2000 Nigerian Investors

  1. I think that other people are now taking over this con biz. 32 apartments and a staggaring 10000 people? This calls to my mind what happens whenever there is a job opening in Nigeria: you have thousands desperately running for them and gate-crashing. Maybe these Arabs have seen that Nigerians are equally desperate about Dubai. But that doesn’t justify anything. They should pay back those victims of theirs, and pay for willfully subjecting them to inconvinience.

  2. Good for their yansh! Why can’t they invest in their father land? Intellectual laziness is our problem in Nigeria.

  3. This sort of thing doesn‘t really sweet me off my feet so easily. They can‘t get somebody like me cos, I am not too enthusiastic about travelling abroad. This is bcos I believe they also have their own vices.
    Things are not as glamorous over there as they made it sound here.

    If God blesses me, I intend to establish in oversea, yes BUT, with the Headquarter in Nigeria. (Dem go fia nah) There is no place like home.

    I take a stroll…

  4. It is the allure of being in the “Big Man League” that draws so many to invest. Nigerians feel there is a conducive environment to make the investment thrive and Bubai has reputation for being honest hence these scammers capitalizing on same to deceive people.
    The lesson there is to investigate everything before committing. I hope they will get their money back promptly.

  5. That serves them right cos there is no place like home. I love naija i love my father’s land.

  6. Nigerians are always falling victims of this type of rubbish. PMB create employment opportunities so that the rate of this rubbish will reduce

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